State Street SPDR S&P Semiconductor ETF is trading at $619.07 (+4.35%) as semiconductor stocks rebound sharply following the June 17 Fed decision to keep rates unchanged.

  • The ETF is moving in tandem with the broader chip complex, benefiting from a tech-led risk rebound after previous weakness in the sector.
  • Markets are repricing growth exposure as investors digest the Fed's signal of a more uncertain path for future interest rate moves.
  • The fund is showing strong intraday momentum relative to the wider market, which remains positive across all major indices.